Description
The Hansom Cab is a good sized, terraced high street property, situated in the heart of Leicester City Centre and located just outside a bus terminal on the busy Humberstone Gate. There are plenty of shops and local businesses close by including the Corn Exchange, Curve Theatre, Leicester Market and Haymarket Shopping Centre which provide an excellent level of passing trade. Leicester is in the East Midlands county of Leicestershire, near to Nottingham and Derby and provides superb transport links to the M1 and M6 motorways and also has great access to a busy network of trainlines able to take you across the country.
Pub Layout
The Hansom Cab is accessed directly from the front door on the main high street and is a good sized, one room operation. A long bar servery along the left hand side of the pub provides ample serving room and there are various low, mid and high level seating arrangements throughout along with a pool table and darts area. To the rear of the pub, you will find both sets of toilets and also access to the enclosed rear courtyard garden space. There is a kitchenette situated behind the bar which can be used for a good back bar food offer and there is also a local pay and display car park just around the corner.
The private accommodation consists of four bedrooms, a living room, kitchen and bathroom and boasts its own private entrance from the main road. The private quarters will be completely refurbished as part of the let.
Annual Rent: £27,500
Security Deposit: £6,875
Working Capital: £5,000
Stock: £5,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Admiral Taverns is seeking an experienced and ambitious licensee to take the helm at the Hansom Cab and transform it into the go-to destination in Leicester city centre. This is a fantastic opportunity to elevate the venue’s drinks offering beyond what the local area has traditionally seen. With a refreshed product range and the ability to attract new customers, this site provides a strong foundation for a driven and hardworking operator to build a thriving business.
We’re looking for a licensee with a solid background in delivering diverse and appealing drinks menus, ideally someone with a flair for hospitality and a clear vision for success. A passion for live sport and music will be a huge advantage, offering real potential to create a vibrant atmosphere and significantly boost sales. Strong marketing and promotional skills will be essential, as the site sits in a competitive area but with the right approach, the payoff will be reflected in a healthy turnover and loyal customer base. A full internal and external refurbishment is planned, giving the successful applicant a beautifully revamped venue to launch their exciting new venture from.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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